Foreign investors withdrew over Rs 22,000 crore from Indian equities
In January so far, foreign investors have withdrawn Rs 22,194 crore from Indian equities.
The rupee weakened by 9 paise to 63.67 against the US dollar in opening trade at the interbank foreign exchange market ahead of the budget on Thursday.
A strong dollar in overseas markets weighed on the Indian currency, a currency dealer said.
Advertisement
Yesterday, the rupee had ended 2 paise higher at 63.58 against the US dollar.
Advertisement
Foreign investors withdrew a net Rs 136 crore from stocks yesterday, according to provisional FPI data.
Meanwhile, the benchmark BSE Sensex rose by 171.38 points, or 0.47 per cent, to 36,136.40 in opening trade on Thursday.
Advertisement
